Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.34 Billion | USD 8.45 Billion | 7.7% | 2023 |
According to the report published by Zion Market Research, the global Surface Inspection Market size was valued at USD 4.34 Billion in 2023 and is predicted to reach USD 8.45 Billion by the end of 2032. The market is expected to grow with a CAGR of 7.7% during the forecast period. The report analyzes the global Surface Inspection Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Surface Inspection industry.
Surface inspection inspects the presence or the absence of features that are required in the final product. There are certain points that are verified by using the surface inspection technique such as whether the assembly of the product is correct or not, it detects the flaws and defects on the surface of the various parts of the machines or boards. The defects can be of the type such as seams, scabs, burned steel, laps, and guide marks and twist. The rising issues of quality and the increasing labor costs are some of the factors that are influencing the manufacturers to adopt surface inspection techniques.
The global surface inspection market is segmented globally into its component, surface type, systems, and vertical.
On the basis of a component, the surface inspection market is segregated into frame grabber, lighting equipment, software, camera, optics, processor, and others.
Based on the surface type, the global market is divided into 2D and 3D.
On the basis of systems, the market is categorized into the camera system and computer system.
The different verticals where the surface inspection techniques are used include semiconductor, electrical & electronics, food & packaging, medical & pharmaceuticals, printing, postal & logistics, automotive, glass & metal, paper & wood, plastic & rubber, and non-woven.
The surface inspection market is anticipated to grow in the coming years owing to the rapid technological advancements that are made in this field. The customers are now demanding quality products, thus the manufacturers are compelled to use the surface inspection techniques in various application areas. The advanced solution such as machine vision (MV) helps to inspect the product automatically which in turn increases the efficiency of the process of production. The manufacturers prefer MV for the visual inspections that require repeatability of measurements, high magnification, and high speed. This technology is mostly used in the semiconductor industry for the fabrication purpose. The technique such as 3D vision is getting popular among various industries such as solar cells, semiconductor, automotive, and printing. All these factors are contributing to the market growth.
Report Attributes | Report Details |
---|---|
Report Name | Surface Inspection Market |
Market Size in 2023 | USD 4.34 Billion |
Market Forecast in 2032 | USD 8.45 Billion |
Growth Rate | CAGR of 7.7% |
Number of Pages | 194 |
Key Companies Covered | Baumer Inspection, Cognex Corporation, ETS SuperVision BV, Microscan Systems Inc., Vitronic GmbH, Adept Technology, Inc., Edmund Optics Inc., Industrial Vision Systems Ltd., Matrox Imaging, and Omron Corporation |
Segments Covered | By component, By surface type, By systems, By vertical and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Region-wise, the global surface inspection market is diversified into Asia Pacific, North America, Europe, and Rest of the World. North America dominated the surface inspection market as it contributed the largest revenue share. The Asia-Pacific region is expected to grow in the surface inspection market. This growth can be attributed to the factors such as rising level of manufacturing activities, emergent factory automation, and the huge investments that are made in the assembly line production and automation. It is mainly in the emerging regions such as India, Korea, China, and Japan. The other factor that contributes to the regional growth is the increasing focus on attaining product quality and operational efficiency.
The key market players in the surface inspection market include:
Baumer Inspection
Cognex Corporation
ETS SuperVision BV
Microscan Systems Inc.
Vitronic GmbH
Adept Technology, Inc.
Edmund Optics Inc.
Industrial Vision Systems Ltd.
Matrox Imaging
Omron Corporation.
The Global Surface Inspection Market is segmented as follows:
By component
By surface type
By systems
By vertical
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